论文部分内容阅读
独立董事战略参与的价值创造一直是学术界研究的热点议题,但现有文献缺乏独立董事在公司价值创造中的途径分析。基于此,本文从政治关联的视角,研究独立董事政治关联在公司战略参与中的价值创造。本文以一家民营企业九鼎新材为例,在回顾国内外研究文献的基础上,比较有无政治关联独立董事对九鼎新材价值影响。结果表明独立董事政治关联能够给九鼎新材企业带来更高的公司价值,更多的政府补助以及融资便利性。最后针对九鼎新材企业和独立董事战略参与的价值创造做出结论并提出政策建议。
The value creation of independent directors’ strategic participation has always been a hot topic in academic research. However, the existing literature lacks the analysis of the ways in which independent directors create value in the company. Based on this, this article studies the value creation of the political connection of independent directors in the strategic participation of the company from the perspective of political connection. In this paper, a private enterprise Jiuding new material, for example, reviewing the domestic and foreign research literature, based on the comparison of the political independence of independent directors on the value of new material Jiuding impact. The result shows that the political affiliations of independent directors can bring higher corporate value, more government grants and financing convenience to Jiuding new material enterprises. At last, it concludes and puts forward the policy suggestion for the value creation of strategic participation of Jiuding new material enterprises and independent directors.